God is a Capitalist

Friday, April 25, 2025

The Pope and Capitalism


Pope Francis died recently. His legacy will be debated for years. I want to focus on his hatred of capitalism and how Catholic Christians should respond. 

It has been widely reported that the Pope called capitalism the "dung of the devil." That's not exactly what he said. Here is the section of a speech in which he used the phrase:

"The earth, entire peoples and individual persons are being brutally punished. And behind all this pain, death and destruction there is the stench of what Basil of Caesarea called “the dung of the devil.” An unfettered pursuit of money rules. The service of the common good is left behind. Once capital becomes an idol and guides people’s decisions, once greed for money presides over the entire socioeconomic system, it ruins society, it condemns and enslaves men and women, it destroys human fraternity, it sets people against one another and, as we clearly see, it even puts at risk our common home."

Thursday, April 3, 2025

The Bible Teaches Neither Capitalism or Socialism?


The Bible doesn't command either capitalism or socialism, say some. So we must choose a third way, something in between, the best of both worlds. Right? Most theologians straddle the fence like that. 

An old article by Craig L. Blomberg, Professor of New Testament at Denver Seminary,  prompted this blog because it seems Blomberg's points speak for many theologians today. His article, "Neither Capitalism nor Socialism: A Biblical Theology of Economics," gives seven (a Biblical number) reasons for his ambivalence.